Cantor Fitzgerald Cuts Global Payments (NYSE:GPN) Price Target to $76.00

Global Payments (NYSE:GPN) had its price target decreased by Cantor Fitzgerald from $88.00 to $76.00 in a research note issued to investors on Monday,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the business services provider’s stock.

A number of other equities analysts have also recently commented on GPN. Weiss Ratings reissued a “hold (c-)” rating on shares of Global Payments in a research note on Thursday, January 22nd. The Goldman Sachs Group initiated coverage on shares of Global Payments in a research note on Monday, March 9th. They issued a “hold” rating and a $88.00 price objective for the company. Mizuho dropped their price objective on shares of Global Payments from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, March 26th. Keefe, Bruyette & Woods dropped their price objective on shares of Global Payments from $90.00 to $76.00 and set a “market perform” rating for the company in a research note on Tuesday, April 7th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Global Payments in a research note on Wednesday, January 14th. They issued a “hold” rating and a $80.00 price objective for the company. Four research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $84.52.

Global Payments Stock Performance

GPN opened at $66.98 on Monday. The stock has a market capitalization of $18.32 billion, a price-to-earnings ratio of -32.83, a PEG ratio of 0.39 and a beta of 0.75. The company has a fifty day moving average of $69.62 and a 200 day moving average of $74.24. Global Payments has a fifty-two week low of $62.45 and a fifty-two week high of $90.64. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.69 and a current ratio of 0.79.

Global Payments (NYSE:GPN) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, beating the consensus estimate of $2.82 by $0.14. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same quarter last year, the business earned $2.82 earnings per share. Global Payments’s quarterly revenue was up 63.1% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, sell-side analysts forecast that Global Payments will post 13.89 earnings per share for the current fiscal year.

Global Payments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $0.25 dividend. The ex-dividend date is Friday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. Global Payments’s payout ratio is currently -49.02%.

Institutional Investors Weigh In On Global Payments

Large investors have recently modified their holdings of the business. Strive Financial Group LLC bought a new stake in shares of Global Payments in the 4th quarter valued at about $25,000. DV Equities LLC bought a new stake in shares of Global Payments in the 4th quarter valued at about $26,000. Root Financial Partners LLC bought a new stake in shares of Global Payments in the 3rd quarter valued at about $27,000. SouthState Bank Corp bought a new stake in shares of Global Payments in the 3rd quarter valued at about $28,000. Finally, REAP Financial Group LLC bought a new stake in shares of Global Payments in the 3rd quarter valued at about $28,000. Institutional investors own 89.76% of the company’s stock.

Trending Headlines about Global Payments

Here are the key news stories impacting Global Payments this week:

• Positive Sentiment: Global Payments unveiled an AI-first Genius handheld, a new product aimed at expanding its commerce technology offering and supporting future merchant growth. Global Payments Unveils AI-First Genius Handheld Built for the Future of Commerce
• Positive Sentiment: The company also secured an exclusive U.S. POS agreement with CKE Restaurants, expanding Genius platform deployment to more than 2,400 locations and reinforcing adoption of its payments ecosystem. GPN Expands Restaurant Footprint With New CKE POS Agreement
• Neutral Sentiment: Industry commentary noted that financial transaction stocks, including Global Payments, could benefit from contactless payments, BNPL adoption, and rising cross-border commerce trends. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Neutral Sentiment: Analyst and stock commentary pieces highlighted Global Payments’ momentum and international revenue trends, but these were largely informational rather than new catalysts. Why Global Payments (GPN) International Revenue Trends Deserve Your Attention
• Negative Sentiment: Several brokerages cut price targets on Global Payments, including Deutsche Bank to $75 from $80, Cantor Fitzgerald to $76, and Rothschild & Co Redburn to $60 with a sell rating, signaling softer near-term sentiment. Deutsche Bank Adjusts Price Target on Global Payments to 75 from 80

Global Payments Company Profile

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.